The product key was redeemed successfully, but the setup could not be initialized. Do not redeem your Key again as it might get discarded.
System Error Code: 0x80240022
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Your key has been redeemed successfully but the setup could not be started.

The error occurs because of missing system components related to XML Core Services (XML). XML is a set of services that allow applications written in JScript, VBScript, or Microsoft development tools to build Windows or macOS native XML-based applications.